The Federal Government had on October 4 in Abuja released N100 billion to road contractors to facilitate the construction and rehabilitation of 25 priority road projects across the six geo-political zones.

Sukuk Bonds are Islamic financial instruments structured in such a way to generate returns to investors without infringing the Islamic Law that prohibits “riba” (interest taking).

The bondholders are entitled to a share of the revenues generated by the Sukuk assets.